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Coachella Today

Thursday, November 7, 2024

Home prices increased in Coachella during November 2019

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The median sale price of a home sold in November 2019 in Coachella rose by $36,000 while total sales increased by 88.9%, according to BlockShopper.com.

In November 2019, there were 17 homes sold, with a median sale price of $283,000 - a 14.6% increase over the $247,000 median sale price for the same period of the previous year. There were nine homes sold in Coachella in November 2018.

The median sales tax in Coachella for 2019 was $4,010. In 2018, the median sales tax was $3,894. This marks an increase of 3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Coachella to other Riverside County cities with similar median sale prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Nuevo 57-28.6%$305,000$359,000-15%
San Jacinto5164-20.3%$303,500$291,7504%
Lakeland Village8714.3%$301,500$329,000-8.4%
Anza 51400%$299,500$295,0001.5%
Cherry Valley 440%$285,000$249,50014.2%
Coachella17988.9%$283,000$247,00014.6%
Hemet1451348.2%$278,000$265,0004.9%
Banning2732-15.6%$269,000$240,00012.1%
Desert Hot Springs645223.1%$229,500$210,0009.3%
Cabazon 35-40%$197,000$150,00031.3%
Thousand Palms220%$161,250$268,500-39.9%

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